In accordance with Chapter 119. for the Revised Code:
(A) The unit of finance institutions may follow guidelines and also the superintendent of banking institutions may issue certain instructions for the enforcement of parts 1321.01 to 1321.19 for the Revised Code. Every ruling, need, requirement, and comparable administrative act may be in the shape of a written purchase. Every guideline and purchase will be a public record. After promulgation, a duplicate of any guideline will be mailed to all or any licensees.
(B) The unit may, whenever it offers cause that is reasonable believe anybody has violated, is breaking, or perhaps is threatening to or promises to break parts 1321.01 to 1321.19 regarding the Revised Code, enter a purchase needing the individual to desist or even to keep from such breach; and an action could be brought from the connection of this superintendent to enjoin the individual from continuing or doing such breach or from doing any functions in furtherance thereof. Such action will probably be carried out beneath the supervision and direction regarding the attorney general. An order or judgment may be entered awarding such preliminary or final injunction as is deemed proper in any such action. The court in which such action is brought may impound and appoint a receiver for the property and business of the defendants including books, papers, documents, and records pertaining thereto or so much thereof as the court finds reasonably necessary to prevent further violations of sections 1321.01 to 1321.19 of the Revised Code, through or by means of the use of said property and business in addition to all other means provided for the enforcement of a restraining order or injunction. Such receiver, whenever appointed and qualified, has powers that are such duties as to custody, collection, management, winding up, and liquidation of this home and company since can be conferred upon the receiver because of the court.
(C) Upon application of any individual, the division may certify, underneath the seal regarding the superintendent, a declaration in accordance with any matter that’s the topic of general general general public assessment and disclosure. The unit may likewise furnish underneath the seal for the superintendent a professional content of any purchase released by the unit, plus in any court such certified statements and such certified copies are prima-facie proof of the facts disclosed therein or associated with the making of these purchase.
Prohibited statements and representations.
No licensee or any other individual at the mercy of parts 1321.01 to 1321.19 for the Revised Code shall advertise, show, distribute, or broadcast or cause or allow to be marketed, exhibited, distributed, or broadcast, any false, deceptive, or statement that is deceptive representation pertaining to the prices, terms, or conditions for loans made under those parts. The unit of finance institutions shall need that fees or prices of fee, whenever stated with a licensee, fully be stated and obviously this kind of way as could be deemed essential to avoid misunderstanding thereof by potential borrowers.
Licensee prohibited from particular functions.
No licensee shall conduct the continuing company of creating loans under parts 1321.01 to 1321.19 associated with the Revised Code, within any office, room, or place of business by which any kind of company is solicited or involved in, or perhaps in relationship or combination therewith, in the event that unit of banking institutions finds, after hearing, that one other company is of these nature that such conduct has a tendency to conceal evasion of these parts or associated with guidelines made under those sections and requests the licensee on paper to desist through the conduct.
No licensee shall conduct the company of creating loans under parts 1321.01 to 1321.19 associated with the Revised Code, under virtually any title, or at every other bar or nightclub in this particular state than that named in the permit.
No licensee shall just take a lien upon property as protection for almost any loan made under those parts except such lien as is produced upon the recording or filing of the certification of judgment.
Transfer und Erfahrung
Über das betriebliche Projekt
Beschreiben Sie kurz Ihr betriebliches Projekt, das Sie in der Weiterbildung zum Spezialisten dokumentieren.
Dein Profilbild kannst du bei Gravatar ändern.